How to Choose Long-Term Care Insurance
If you're concerned about being able to afford care when you get old, long-term care insurance can help. Long-term care helps you if you become chronically ill or disabled. Some long-term care is medical care, but most long-term care is what's called "custodial care." For example, long-term care can help you with personal tasks, such as: Eating Grooming Getting out of bed It can also help with household tasks such as: Housework Preparing meals Managing your money You can receive long-term care in different places, such as: Your home An assisted-living facility A nursing home How Can Long-Term Care Insurance Help? Long-term care can be costly. But long-term care insurance can help cover some of your bills. If you're thinking about buying coverage, follow these tips: Start planning early. The best time to start thinking about buying coverage is when you're between 55 and 65, says Jesse Slome. He is executive director o